Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Go to sec.gov and click on Filings and you get a drop-down box. Click on Company Filings Search. In the Fast Search box (right side),

Go to sec.gov and click on "Filings" and you get a drop-down box. Click on "Company Filings Search." In the Fast Search box (right side), type inUSBto get the SEC filings for U.S. Bancorp. Find the most recently filed 10K (interactive data) and then click on "financial statements." From here you can open the firm's Consolidated Balance Sheet and also the firm's Consolidated Statement of Income. Notice that you have 2 -3 years of data. Please compute the following ratios for as many years as you can (show your numerator and denominator as well as the ratio result):

  • Return on equity
  • Return on assets
  • Net interest margin
  • Net non-interest margin
  • Earnings spread
  • Net operating margin
  • Net profit margin - Use net income/total revenue
  • Tax management efficiency ratio
  • Expense control efficiency ratio
  • Asset utilization ratio (Total revenue/total assets)
  • Equity multiplier (Total assets/total stockholders' equity).

Create a table that shows the final results of all these ratios for the past two years PLUS the ratios for Bank of America (BAC)for the most current year only.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exchange Rates and International Finance

Authors: Laurence Copeland

6th edition

273786040, 978-0273786047

More Books

Students also viewed these Finance questions